Industry Insights
Is Now the Right Time to Buy Your Office Building?
By Elizabeth Holmes Do you lease an office space and wonder what to do next: move to a better location, seek rent reduction, or cut down space altogether? There’s another option — buy the building. As office markets across the country are still adjusting to the...
Q&A With Dean Blackey: Overview of Office Lease Renewals and Terms in Greater Boston
Q&A With Dean Blackey: Overview of Office Lease Renewals and Terms in Greater Boston What is happening with office lease renewals in the post-post-Covid era? Dean Blackey: I think the important thing to understand first is that the lease renewals are...
Q&A With Dean Blackey: Increasing Occupancy in an Empty Building During Difficult Times
How do you bring 100 percent occupancy to a commercial building during these challenging times? R. W. Holmes Managing Director Dean Blackey explains how, with a case study of 320 Norwood Park South building in Norwood, MA. The building has seen a flurry of leasing...
Elevate Your Lease Renewal Negotiations: The Case for Tenant Advisors
By Elizabeth Holmes, Dean Blackey and Mike Ogasapian Lease renewals in the realm of commercial real estate can be a daunting endeavor, one that many executives and business owners prefer to avoid. However, engaging in lease renewal discussions doesn’t have to...
What to Expect If You Have an Upcoming Lease
As you will know by now, the world is currently suffering from a pandemic. The pandemic is disrupting nearly every industry and one of those industries is real estate. Has Covid drained all your money? The COVID-19 pandemic has undoubtedly altered the commercial...
How Landlords & Tenants Should Navigate Rent Relief
As both owners and tenants try to navigate rent relief during these unprecedented times, the Newton Needham Chamber organized a panel discussion to provide guidance on rent relief negotiations. Panelists included Jay Peabody, Partner and Chair of the Real Estate...
Returning to Work: Disease-Prevention Trends
With the expectation of employees returning back to work, whether May 4th or a later date, companies need to be prepared to not only provide a safe environment now, but fundamentally alter their office spaces to accommodate employees’ newest priority: staying...
Commercial Lending & Market Conditions
We have received numerous inquiries from lenders hoping to get some insight on the commercial real estate market. This pandemic certainly warrants extreme trepidation. For the most part, though, deadlines are being extended and the buyers are not terminating. For...
The Cross Roads at Route 129: Chelmsford Breathes New Life Into Route 3 Corridor
The Town of Chelmsford has taken a forward-thinking approach towards the Billerica Road area along Route 3. Having been plagues by recent vacancy in several office buildings on Route 129, the Town has created the Business Amenity Overlay District (BOAD) and worked...
How Will the AI Revolution Effect the Greater Boston CRE Market?
The emergence of artificial intelligence as a valuable and applicable business tool has begun reshaping the employment landscape across the country. As machine-learning and AI continue to innovate, many industries will begin shedding operational positions in favor...
New Lab Developments Along 128
Hobbs Brook Office Park: 225 Wyman Street, Waltham Hobbs Brook Management LLC has demolished one of the buildings in its 13-building office park just off I-95. In its place at 225 Wyman Street, a new 507,000 SF office/lab building is being constructed. This new...
Exciting New Mixed Use Projects in Woburn
Woburn Village: The Woburn Mall Re-Imagined In the summer of 2017, the Woburn Mall was quietly acquired by national retail developer Edens. Since the acquisition, Edens has been working closely with the City of Woburn’s planning board to craft a phased...